Johan Cruyff is to return to Ajax in a technical role after the club announced the board are to stand down.
The Amsterdammers are to instigate a new management structure following the release of a report this week which criticised the running of the club over the last decade.
The club's members council met yesterday to discuss the findings of the report and decided drastic action was necessary.
Cruyff - a former Ajax player and coach - was present at a meeting of the club's council last night and the club have announced he is to be given a technical role.
'Further deliberation is needed to fill in the details of that,' a statement said.
The return of Cruyff will heighten speculation that his friend Marco van Basten will take over as coach after leading Holland at Euro 2008.